Kuwait-Mubasher: Agility Public Warehousing achieved an 11% growth in profits for the first quarter as compared to the same period in 2015, the company said in a bourse statement.
The company’s profits reached KWD 13.1 million ($43.6 million) in Q1-16, compared to KWD 11.8 million ($39.3 million) in Q1-15. Earnings per share reached 11.4 fils.
Profits before EBITDA stood at KWD 26.2 million ($87.26 million), 12.1% higher from Q1-15.
Revenues reached KWD 298.8 million ($995.11 million) in Q1-16, down 6.1% from KWD 318.1 million ($1.05 billion) in the same period in 2015.
